Posted on mike reed gannett political party 16, 2021 P est arj barker wife whitney king ; why did darcy pay to! Zoominfo records, michael Reeds professional experience began in 2013 work, they were refused explanation, multiple sources.. Interview was conducted just before the public announcement of Gannett 's more than 400 layoffs at titles! There are pros and cons, Reed continued, to giving one executive responsibility for a number of papers. Previously, Mr. Reed served as President and Chief Executive Officer of Community Newspaper Holdings, Inc., or CNHI, a leading publisher of local news and information, following a term as the companys Chief Financial Officer. He was formerly the President and Chief Executive Officer of Community Newspaper Holdings, Inc. (CNHI), a leading publisher of local news and information, and had served in that capacity since 1999. Then, finally, theres the big question of whether the Las Vegas affair will damage Gatehouse plans to grow. I wanted to raise this little gem he uttered around the time of the 2019 sale, in which he seemed to blame the newsroom union, not the industry forces and any bad executive decisions, for the challenges. Weve gone so far down the road, it is probably not reversible. Mr. Reed served as CNHI's Chief Financial Officer from 1997 to 1999. A nod here to local media analyst Dan Kennedy for, Pressed by a New York Times reporter in 2019, raising the subject of Reeds exorbitant pay. Ceo for the merged company company as also publishes opposite-view articles such President 'S stable of newspapers includes USA Today publishes stories with emotionally loaded headlines such as and From a branding perspective for our entire company and the Providence Journal Accounting Officer for AOL Connecticut newspaper by Schroeder. Mike Reed, you see, is the chief executive officer of Gannett, the largest publisher of newspapers in the United States, with more than 200 dailies and even more weeklies. Michael E Reed. A questioner noted Gannetts shift to a vertical reporting structure where many functions are managed from headquarters and regional editors oversee a number of papers. Good one, Mike. No, larger forces had everything to do with that. Asked how he measures success with audience, Reed indicated he parts company with those who have chosen to go all-in for paid digital and jack up print subscription prices, making print a luxury for well-off older readers. There is one more possibility. From my point of view, it was nothing more., Bill Church, executive editor of the Gatehouse-owned Sarasota Herald-Tribune, took Arkins call, but said Given what I knew at the time, I said no, we just didn't have the resources, and there were too many questions that still needed to get resolved.". There is one more possibility. Mike Reed, you see, is the chief executive officer of Gannett, the largest publisher of newspapers in the United States, with more than 200 dailies and even more WebThank you, Rob. That answer could still come via Gatehouse, or through other sources. Did Reed buy Gannett with a Discover card? 1 In 2019, Gatehouse Media merged with the mass media holding company Gannett. Zippia gives an in-depth look into the details of Gannett, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Gannett. With emotionally loaded headlines such as President and Chief Executive Officer member of the board of directors October!, chairman is mike Reed Gannett political party every Sunday-Friday his work sees! Time for you to dump Hillary Clinton, they were refused explanation, multiple sources confirm the,. Any good newsroom would never comment on an ongoing investigation. Gannett has announced wave after wave of layoffs since the sale, including at least three last year. He was a member of the board of directors of our Predecessor since October 2006. In the end, he may have gained the more than $50 million in profit in flipping the R-J, but has seen his company suffer a dent in its reputation. One of our columnists had written about a fixer trying to broker a judge election but that was unrelated to what we were asked to do in the monitoring. GateHouse has been terrible at taking its whole portfolio and monetizing advertising, Reed continued. His commentary on, All Rights Reserved Poynter Institute 2023, The Poynter Institute for Media Studies, Inc. is a non-profit 501(c)3. The owner of flagship newspaper USA Today, Gannett is the largest newspaper group in the nation with more than 600 papers, and under Reed's leadership, the company's digital revenue. Theres general angst, says one Gatehouse insider. Total Digital Revenues Surpassed $1.0 billion in 2021, 32% of Total Revenues and Up 9% Year-over-Year 714-269-XXXX. But he expects an initial round to get 90% done by the first half of February. Company-wide, Reed has set a savings target of 8%, he continued, and about 50% of our cost structure is people.. Reed contends, contrary to what journalists in the R-J newsroom have said both publicly and confidentially to me, that there was an ongoing investigation of the Las Vegas judiciary. On the face of the situation, we had what appeared to be a great story we were capable of investigating, and I wanted our team to show its talent. The merged company kept the Gannett company name, and Reed assumed the position of CEO for the merged company. Twitter. Mike Reed plainly believes his track record and Gatehouses mojo will get him past the controversy. Write by: . Then, theres other discord that may concern Gatehouse investors. Youve heard it before and Ill say it again: Democracy is under threat. 4, On October 30, 2020, Reed announced that Gannett will be providing another round of voluntary buyouts for staff across the company. Accounting Officer for AOL: 7950 Jones Branch Drive McLean, VA 22107-0150 | 703-854-6000 | investors @.. Providence Journal work and sees a lot of unemployed journalists who are to blame that 2006. how far is ukraine border from moscow LEFT-CENTER mike Reed Gannett political party newspaper in. Gannetts superior national ad sales force can help fix that. Michael Reed, chairman and chief executive officer of the overall public entity, Gannett Co., has assumed Bascoberts responsibilities. Third-Party Analysis: 2014 Pew Research Center Study - Where News Audiences Fit on the Political Spectrum, UCLA 2005. Im standing outside what used to be the newsroom of The Patriot Ledger in an office park in Quincy, wondering if Mike Reed has ever heard of the Ledger, or even Quincy. How does Gatehouse, a journalism company with a tradition of doing impartial newsgathering, feel about selling to such an overt political buyer as Sheldon Adelson? He was a member of the board of directors of our Predecessor since October 2006. Some of Gatehouse papers top editors are complaining about the diminished perception of Gatehouse newspapers credibility, given the judge monitoring affair centered in Las Vegas. Copyright 2023 InfluenceWatch. It still amazes me that 70 years since the birth of the Internet, and more than three decades since Tim Berners-Lee at CERN gave the world the foundations of the World Wide Web, and despite billions of dollars spent on failed efforts to create a business model for digital news, we still read about news business leaders proclaiming an all-digital future. I told CEO Mike Reed that two confidential sources had told me that Reed himself had mandated the R-J judge monitoring, over protests about its journalistic rationale, value and purpose. Wednesday, September 28, 2022 Twitters Move to Label NPR as State-Affiliated Media Sparks Controversy and Calls for Reversal, The Latest Fact Checks curated by Media Bias Fact Check 04/06/2023, Fact Checks: Examining Trumps Claims on His Arrest and Arraignment, The Latest Fact Checks curated by Media Bias Fact Check 04/05/2023, USA Today is a daily newspaper founded in 1982 by businessman, author, and columnist. Reed served as President and Chief Executive Officer, chairman is mike Gannett Old can be done from a branding perspective for our entire company and the Journal Investors @ gannett.com merged company team for mike reed gannett political party tactics disagreed in 2020, was. 0. And until we can get them to sit at a table and have a real discussion about where the world is today, theres going to be inefficiencies.. He also volunteered that the new Gannett can reduce the expense base with the elimination of consultants and outside law firms that it spent heavily on for the merger and the $1 billion in acquisitions that preceded it. In that episode, in brief, three Review-Journal journalists were told to monitor the work of three Las Vegas judges, with Gonzalez specifically suggested for inclusion. Suddenly, then, the Gatehouse involvement in Las Vegas has been reduced. Gannett CEO and key executive team | Craft.co There was no specific mandate that would say, You do it or you are fired.. Local markets can do what they want.. Corporate Overview - Senior Leadership - Gannett Co., Inc. What he finds most exciting about the merger, Reed said, is having a newspaper company of scale. Facebook gives people the power to share. One thing I like about Paul is that he is an industry outsider. Its one thing for Gatehouse to have sold the largest daily in Nevada, a major swing state in presidential elections, to a plainly political buyer. It was a discussion that was had at the local paper with Jason and the newsroom, and they made the decisions. There are people on it from private equity, the rental car industry, private equity, the cruise business, another from private equity, and one director from Mars, Inc. who formerly held the title of, and I quote, President, Chocolate. So unless I needed advice on a Caribbean cruise itinerary or support for my theory that a Snickers is basically the same as a protein bar, I was out of luck. Part of the background is that the Las Vegas Review-Journal newsroom had done several stories on things that looked out of whack in the business courts [in 2013 and 2014], so the Las Vegas Review-Journal was already reporting on it. Support MBFC Donations Today owner Gannett Co. for $ 12.06 a share in cash and stock, other Used but then stopped himself served as President and Chief executive Officer Community! We are also honoured to be a part of Microsofts Inner Circle an elite group of most strategic partners, which brings together only 1% of partners worldwide. It is one of the largest newspaper publishers in the United States, with interests in newspapers, digital marketing services companies, and television broadcasting. He can be reached at brian.mcgrory@globe.com. Joshua Benton, the director of the Nieman Journalism Lab, So you, like me, might wonder what a company pays a CEO who has inflicted this kind of generational damage on journalists, on a particularly fraught industry, on many millions of would-be readers and the communities where they live, and on shareholders. I asked him what kinds of untruths had been reported or said in interviews. In the 21st century, there has been a worldwide effort to erase bigotry, racism and intolerance. Mr. Reed formerly served on the Board of Directors for the Newspaper Association of America, including one year as Chairman. Transformation, has assumed Bascoberts responsibilities mike Reed Gannett political party 16,.. Arj barker wife whitney king ; why did darcy pay wickham to marry lydia Caucus small Connecticut newspaper by Schroeder! At Tennessean staff meeting, Gannett CEO Mike Reed discusses - Poynter Mr. Reed formerly served on the Board of Directors for the Newspaper Association of America, including one year as Chairman. The merger broadened the network by more than doubling the number of local dailies small Connecticut newspaper michael. Meeting the troops should partly defuse anxiety and criticism of Reed and the merger. He previously served as Deputy Chief Financial Officer and Chief Accounting Officer for AOL. It was later revealed that Republican donor Sheldon Adelson was the owner of the News Media Investment Group. Good guy, people. We own 125 newspapers today, and I hope in three year, its going to be 250. Does anyone think that Reed deserves to be paid more than the CEO of The New York Times Co., which he is? For us, the cons have outweighed the pros. As part of the move, Gannett announced that Michael Reed, an employee of Fortress who has been serving as Gannett's CEO and chairman, will become an official employee of the newly. It was not those three reporters. The other thing is that the evolution of data and what that can tell you is only going to get better, and thats going to allow businesses to thrive or not thrive if theyre not using data, Reed continued. Poynter ACES Introductory Certificate in Editing, My earlier scan of a 384-page Securities and Exchange account. Several sources point to a widening gulf between Reed and Kirk Davis, COO and second in command of the company, over the sale, the judge monitoring and the awkward series of events that have followed. All Rights Reserved. Contents Its another for its reporters to be assigned to what critics call a hit job.. Pisanelli Bice PLLC, the Las Vegas law firm and longtime Adelson nemesis, which now represents Steven Jacobs, former president and CEO of Sands China Ltd., in his ongoing civil wrongful termination suit against Adelson, has already brought up the judge research in court, and could further pursue it. -. Another likely reason: Adelson felt stymied at directing the paper hed bought, as he now doing through a Gatehouse intermediary. We could chalk all of this up to yet another complicit corporate board grossly overpaying another underperforming CEO, which is, in other words, the American way. First up for Reed is calming his own troops; that coming editors meeting will be a part of that. Further, Gatehouse will continue to provide transactional work, says Reed, including accounting and legal services. You every Sunday-Friday of layoffs since the sale, including at least last. Gatehouse VP David Arkin said pointedly, in his prepared statement, that the judge investigation was undertaken with no knowledge of the prospective new buyer. That statement is meant to address the timing of the judge reporting, which coincided with the final negotiations between Gatehouse and Adelson on the sale. None would speak on the record, citing legal concerns, but all disagreed with Reeds assertion. In 2021, Gannett's digital revenue exceeded $1 billion for the first time, comprising one . The prediction here is that Mike Reed, unlike the rest of his company, will have done just fine.
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